The BANK of Greenland is exploring the possibility to issue Senior Non-Preferred capital
Globenewswire· 2025-09-09 09:40
As part of the ongoing effort to optimize its capital structure, the BANK of Greenland has decided to explore the possibility of issuing Senior Non-Preferred capital (Tier 3). If there is satisfactory market interest, the issue is expected to be completed before the end of September 2025. Nykredit Bank A/S has been mandated as sole lead arranger. Please direct any questions to Managing Director Martin Kviesgaard. Best regardsThe BANK of Greenland Martin KviesgaardManaging Director Contact: +299 34 78 02 / m ...
Flying Tigers' relatives, scholars honor group's legacy at exhibition in south China
Globenewswire· 2025-09-09 09:39
NANNING, China, Sept. 09, 2025 (GLOBE NEWSWIRE) -- Relatives of the Flying Tigers and researchers focused on the group gathered on Sunday, Sept. 7 at an exhibition, which is hosted at the Liuzhou Military Museum and preserve the history of the U.S. volunteer pilots who fought alongside Chinese forces during World War II in south China's Guangxi Zhuang Autonomous Region. Clifford Ray Long Junior, the son of veteran Flying Tiger pilot Clifford Ray Long, told Xinhua that three generations of his family have le ...
Crédit Agricole S.A. Announces Results of its Tender Offer for GBP Perpetual Notes
Globenewswire· 2025-09-09 09:35
THIS ANNOUNCEMENT IS FOR INFORMATION ONLY AND IS NOT AN OFFER TO PURCHASE OR A SOLICITATION OF OFFERS TO SELL ANY SECURITIES. Montrouge 9 September 2025 Crédit Agricole S.A. Announces Results of its Tender Offer for GBP Perpetual Notes ____________________ Crédit Agricole S.A. (the “Company”) today announced the results of its offer launched on 2 September 2025 to purchase for cash any and all of its outstanding GBP 7.500% Undated Deeply Subordinated Additional Tier 1 Fixed Rate Resettable Notes (the “GBP ...
GEN Korean BBQ Opens 5th and 6th Locations in South Korea
Globenewswire· 2025-09-09 09:30
Core Insights - GEN Restaurant Group, Inc. has opened two new international locations in South Korea, marking a significant milestone in its expansion strategy [1][2] - The company now operates a total of six international locations, reflecting its commitment to establishing a strong presence in the South Korean market [2] - GEN Korean BBQ is recognized as one of the largest Asian casual dining concepts in the United States, with a total of 56 company-owned locations [3] Company Overview - GEN Korean BBQ was founded in 2011 by two Korean immigrants in Los Angeles and has grown to become a popular dining concept [3] - The restaurant offers a unique "grill at your table" experience, allowing guests to prepare their own meals on embedded grills [3] - The menu features a variety of traditional Korean and Korean-American dishes, including high-quality meats, poultry, seafood, and mixed vegetables [3]
AXIL BRANDS Launches Nationwide at Costco with AXIL XCOR SE™ Advanced Hearing Protection and Enhancement Earbuds
Globenewswire· 2025-09-09 09:00
Core Insights - AXIL Brands has launched the XCOR SE™ hearing protection and enhancement earbuds in over 300 Costco stores nationwide, significantly expanding its market presence and accessibility for consumers [1][3] - The XCOR SE™ features advanced technology with a 26 SNR (Signal-to-Noise Ratio) and up to 4x hearing enhancement, making it suitable for various loud environments [2][3] - The partnership with Costco reflects AXIL's commitment to innovation and operational excellence, aiming to meet the rising demand for premium hearing solutions [3] Product Details - The XCOR SE™ earbuds are equipped with Bluetooth 5.2 connectivity and are designed to be water- and sweat-resistant, catering to users in diverse settings such as gyms, shooting ranges, and concerts [2] - The product is positioned as a premium offering in the hearing protection market, building on the success of previous XCOR models and collaborations with industry leaders [3] Company Overview - AXIL Brands is an emerging global consumer products company, specializing in premium hearing enhancement and protection products, as well as hair and skincare products [5] - The company operates in multiple regions, including the United States, Canada, the European Union, and Asia, indicating a broad market reach [5]
Alkane Announces Financial Year 2026 Guidance
Globenewswire· 2025-09-09 08:33
Core Viewpoint - Alkane Resources Limited has provided production, cost, and growth guidance for FY2026, following the completion of its merger with Mandalay Resources, indicating a strong outlook for its operations in Australia and Sweden [1][3][5]. Production Guidance - The Group Guidance for FY2026 is set at 160,000 to 175,000 AuEq ounces with an All-in Sustaining Cost (AISC) of A$2,600 to A$2,900 per AuEq ounce [2][5]. - The Attributable Guidance, reflecting production from Costerfield and Björkdal post-merger, is projected at 155,000 to 168,000 AuEq ounces [3][12]. Cost Guidance - AISC for individual mines is estimated as follows: - Tomingley: A$2,300 to A$2,550 - Costerfield: A$2,400 to A$2,650 - Björkdal: A$4,050 to A$4,450 - Consolidated AISC: A$2,600 to A$2,900 [7][12]. Growth and Exploration Expenditures - Total growth and exploration capital expenditures for FY2026 are projected to be between A$81 million and A$91 million [9]. - Breakdown of expenditures: - Tomingley: A$47 million to A$52 million - Costerfield: A$27 million to A$31 million - Björkdal: A$7 million to A$8 million [9][10]. Operational Focus - Tomingley will focus on the Roswell deposit, Costerfield on the Youle and Shepherd zones, and Björkdal on the Main and Lake zones for production in FY2026 [6][10]. - Exploration efforts will target reserve growth at various zones across all three mines [10][11]. Future Outlook - The company aims for significant year-over-year growth, supported by a robust cash position and disciplined cost management [5][14]. - The upcoming Annual Resources and Reserves Statement is being prepared and will be released soon [13].
Willis launches new Global Risk Engineering team to enhance global specialization
Globenewswire· 2025-09-09 08:14
Core Insights - Willis has launched a new Global Risk Engineering team as part of its Global Risk & Analytics business expansion [1] - The new team aims to enhance risk management capabilities through proprietary data, advanced analytics, and technology-enabled solutions [2][4] - The initiative is designed to provide tailored, data-driven solutions that improve resilience and optimize clients' total cost of risk (TCOR) [4][6] Group 1 - The Global Risk Engineering team consists of nearly 200 risk engineers operating across 30 countries, combining global expertise with local specialization [3] - This team supports multinational organizations by integrating Property and Casualty Risk Control expertise with advanced data science and industry-specific knowledge [3] - The new offering goes beyond traditional risk engineering by aligning proprietary data sets with specialized capabilities [4] Group 2 - The head of Risk Control & Claims Advocacy at Willis emphasized the importance of combining multidisciplinary expertise with proprietary data and technology to deliver customized solutions [5] - The launch reinforces the company's commitment to providing differentiated, technology-driven risk engineering solutions that enhance resilience and lower TCOR [6] - The focus is on helping clients navigate emerging risks, ESG and climate goals, and broader strategic challenges [5]
Temenos Named Overall Winner in IDC FinTech Real Results 2025
Globenewswire· 2025-09-09 07:28
Core Insights - Temenos has been named the Overall Winner in the IDC FinTech Real Results 2025 and recognized for Bank Deposit Transformation, also listed among the Top 25 solution providers in the IDC FinTech Rankings 2025 [1][2][3] Company Achievements - The IDC FinTech Real Results award acknowledges IT providers that facilitate measurable change in financial institutions, with Temenos recognized for modernizing the mobile banking channels of Credito Emiliano S.p.A. (Credem), a leading Italian bank [2] - Temenos' inclusion in the Top 25 of the IDC FinTech Rankings highlights its commitment to innovation in the financial services sector [4] Impact on Credem - Using Temenos Digital as SaaS, Credem launched new mobile banking apps, achieving a 30% annual growth in mobile app usage, with over 550,000 active users and 95% of transactions conducted through digital channels [4][5] - Credem aims to evolve its business model towards a full omnichannel service, leveraging Temenos' technology to enhance customer relationships and differentiate in a competitive market [5] Industry Position - Temenos is recognized as a global leader in banking technology, providing adaptable solutions for banks of all sizes to modernize their services and enhance customer experiences [6]
Advantest Introduces Advanced Mask CD-SEM “E3660”
Globenewswire· 2025-09-09 07:05
Core Insights - Advantest Corporation has launched its next-generation CD-SEM E3660, designed for the dimensional metrology of photomasks and EUV masks, achieving over a 20% improvement in CD reproducibility compared to the previous E3650 model [1][4] - The E3660 is positioned to support advanced mask R&D and production environments, particularly in Merchant and Captive Mask Shops, establishing itself as a core evaluation tool for mask development [5][6] Industry Trends - The semiconductor industry is experiencing increased complexity in lithographic patterns, leading to a rise in lithographic hotspots and a demand for higher throughput and reproducibility in measurement systems [2] - The transition towards curvilinear mask patterns is anticipated to be significant by 2027, necessitating advanced metrology solutions that can accurately measure complex geometries and ensure design-to-mask fidelity [3] Collaboration and Development - Advantest collaborated with imec to validate the E3660's performance, enhancing metrology reliability and developing new measurement techniques for curvilinear geometries [4] - The E3660 incorporates curvature-sensitive algorithms to quantify deviations between complex mask features and original design intent, reflecting the outcomes of this collaboration [3][4]
Virtune AB (Publ) ("Virtune") has completed the monthly rebalancing for August 2025 of its Virtune Crypto Top 10 Index ETP - the first crypto index ETP in the Nordics
Globenewswire· 2025-09-09 07:00
Core Insights - Virtune has completed the monthly rebalancing of the Virtune Crypto Top 10 Index ETP, which is listed on Nasdaq Stockholm in both SEK and EUR denominations [1] - The rebalancing aims to reflect current market conditions and manage volatility in the crypto market [4] - The Virtune Crypto Top 10 Index ETP is the first of its kind in the Nordic region, providing diversified exposure to leading crypto assets [5] Product Portfolio - In addition to the Virtune Crypto Top 10 Index ETP, Virtune offers a range of other ETPs including Bitcoin, Stellar, Staked Ethereum, and more [2] Index Allocation Changes - As of August 28, the index allocation was: Ethereum 37.52%, Bitcoin 36.62%, XRP 12.15%, Solana 7.89%, and others [3] - Post-rebalancing on August 29, the allocation changed to: Bitcoin 40.00%, Ethereum 35.17%, XRP 11.86%, Solana 6.77%, with Bitcoin Cash added and Uniswap removed [3] Performance Metrics - The performance of the Virtune Crypto Top 10 Index ETP SEK for August was +3.99% [3] Regulatory and Strategic Position - Virtune is a regulated Swedish digital asset manager and issuer of crypto exchange-traded products on European exchanges, emphasizing regulatory compliance and strategic collaborations [7]